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Group Insurance Plans
FNIS Group Insurance Association Plan
Basic Life Benefits

The life of the employee (called the “life insured”) is insured for the amount stated in the employer’s insurance benefit contract. Our FNIS Association Plan provides three levels of coverage from which an employer chooses including: 2, 2.5 and 3 times annual earnings. Upon the death of the “life insured”, the insurer agrees to pay the stated sum to the beneficiary(s) subject to policy conditions, maximums and exclusions.

 

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